Several Chinese EV makers reported strong June and second-quarter deliveries today. BYD could even beat Tesla for the second time with sales of fully electric vehicles.
Tesla stock is in a buy zone as investors await the EV giant's report Tuesday on second-quarter global vehicle deliveries.
Fundamental Growth Investor Jonah Lupton shares his investing strategies, including swing trades and hedging, focusing on great companies with strong fundamentals and valuations. Why NVIDIA is the top stock to play AI.
A handful of stocks have been driving the stock market's gains for the past two years. Many call it the “Magnificent 7,” though investors haven't been too enthusiastic about Tesla (NASDAQ: TSLA ) or even Apple (NASDAQ: AAPL ) up until its AI announcement.
Shares of Tesla, Inc. TSLA rose sharply in premarket trading on Monday and the upward move comes just ahead of the release of the company's second-quarter deliveries report.
Tesla's June-quarter deliveries likely fell 3.7%, the first time the top EV maker is set to post two straight quarters of decline, as it deals with stiff competition in China and slow demand due to a lack of affordable new models.
Here's everything you need to know about the electric vehicle maker's week.
The electric-vehicle maker will post figures this week. Wall Street expects a fall in the number of cars delivered.
Tesla's stock has significantly dipped from its 2021 peak due to dwindling profit margins. Macroeconomic factors like interest rates are expected to rebound, benefiting EV demand.
There's a high probably that Tesla will still derive the bulk of its revenue from selling EVs. Bullish investors hope the company can one day launch a robotaxi service, which could boost the stock price.
Electric vehicle company Tesla recently cleared a major hurdle by approving CEO Elon Musk‘s pay package, which some analysts considered an overhang.
Tesla (TSLA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.